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Japan Times
JAPAN / CLOSE NEIGHBORS
Apr 19, 2002

Language, music point way to stronger relations

When Akiko Konishi felt life had become routine after five years in the same company, she decided to spice things up a little by studying a foreign language.
BUSINESS
Apr 18, 2002

Nikkeiren chief wants blood from Mizuho execs

Hiroshi Okuda, chairman of the Japan Federation of Employers' Associations (Nikkeiren), said Wednesday the management of Mizuho Financial Group should take responsibility for the computer fiasco afflicting the group's two banks.
BUSINESS
Apr 13, 2002

Analysts give little credit to financial regulators

The nation's 13 largest banks are saying they expect to slide further into the red for the 2001 business year, booking 7.8 trillion yen in credit costs for risky loans -- up 21 percent from November projections.
BUSINESS
Apr 13, 2002

Nikko unit to buy Tower Records

Nikko Principal Investments Corp., an affiliate of Nikko Cordial Corp., plans to buy all of the shares of Tower Records Inc. from its U.S. parent company MTS Inc. by around May, a spokesman at Nikko Cordial said Friday.
BUSINESS
Apr 11, 2002

Toyota tops college poll as most attractive firm

Toyota Motor Corp. is the most popular company among college seniors preparing to enter the workforce after they graduate in March, according to a survey released Wednesday by a research arm of job information publisher Recruit Co.
BUSINESS
Apr 10, 2002

Premium income drops at most casualty insurers

Only four of the nation's top 11 casualty insurers saw their premium revenues rise in the 2001 business year, according to their preliminary financial results released as of Tuesday.
Japan Times
BUSINESS
Apr 10, 2002

Mizuho president apologizes to Diet

Terunobu Maeda, president of Mizuho Holdings Inc., told the Diet on Tuesday that the banking group acknowledges its grave responsibility for computer glitches that have led to depositors being double billed and ATMs malfunctioning.
BUSINESS
Apr 9, 2002

Aeon logs record profits, sales

Aeon Co., which operates the Jusco supermarket chain, reported record sales and record profits on a consolidated basis for its business year, which ended Feb. 20, company officials said Monday.
JAPAN
Apr 7, 2002

Mizuho backlog to take all week to clear

Mizuho Financial Group institutions are scrambling to process a backlog of 2.5 million money transfer orders that began piling up Monday due to computer problems at the bank, officials said Saturday.
CULTURE / Books
Apr 7, 2002

Images that shocked a nation

VIETNAM INC., by Philip Jones Griffiths. London: Phaidon, 2001. 223 pp. $28 (cloth) This is a superb collection of photos that depicts the ironies and inanities that resonated throughout the United States' misguided war in Vietnam. Here are haunting images of casual and mindless brutality, thought-provoking...
BUSINESS
Apr 6, 2002

U.S. claim over phone costs inaccurate, Katayama says

Telecommunications minister Toranosuke Katayama on Friday dismissed an assertion by the United States that NTT DoCoMo Inc. is overcharging other carriers for connections.
JAPAN
Apr 6, 2002

Computer glitches cripple transactions at Mizuho

Mizuho Financial Group, the world's largest banking group, confirmed Friday that it has a backlog of at least 2.5 million incomplete transactions due to computer system glitches.
Japan Times
JAPAN
Apr 6, 2002

Female entrepreneurialism a budding industry

About 20 ambitious women in their 20s and 30s, some from as far afield as Hiroshima and Miyagi prefectures, gathered one Saturday at a Women Entrepreneurs School course in Tokyo.
BUSINESS
Apr 3, 2002

Yozan to offer fast mobile Net access

Yozan Inc., a Tokyo-based mobile technology venture, said Tuesday it will start providing broadband mobile Internet access of up to 8 megabits per second in the fall after setting up 4,000 antenna bases across Tokyo.
Japan Times
BUSINESS
Apr 3, 2002

Tokyo Marine, Nichido Fire integrate into holding firm

Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co. integrated their operations Tuesday and established a holding company that will eventually cover the Millea Insurance Group, which comprises three nonlife and one life insurer.
BUSINESS
Apr 2, 2002

KDDI starts high-speed mobile service

KDDI Corp. launched a third-generation high-speed data transmission service Monday for its au mobile phone service, moving to compete with a similar service offered by rival NTT DoCoMo Inc.
BUSINESS
Mar 30, 2002

Matsushita kin to help debt-ridden developer

OSAKA -- The family of the late Konosuke Matsushita, founder of the Matsushita group, has decided to extend financial help to Matsushita Investment & Development Inc., a debt-ridden real-estate developer, industry sources said Friday.
BUSINESS
Mar 29, 2002

DoCoMo set to post appraisal losses

NTT DoCoMo Inc. said Thursday it may, if necessary, post appraisal losses on its overseas investments for the 2001 business year due to stock price movements.
BUSINESS
Mar 26, 2002

Big banks to slash rates April 1

Japan's four major banking groups plan to cut interest rates on their ordinary deposits to coincide with the April 1 abolition of full government protection of time deposits, banking sources said Monday.
BUSINESS
Mar 19, 2002

Wal-Mart spells chaos for already shaken industry

The entry into Japan of Wal-Mart Stores Inc. of the United States, the world's largest retailer, will throw the industry into chaos as it struggles for survival amid the deepening recession.
Japan Times
BUSINESS
Mar 2, 2002

Daiwa Bank Holdings swallows up Asahi Bank

Asahi Bank became a wholly owned subsidiary of Daiwa Bank Holdings Inc. on Friday, creating the nation's fifth-largest banking group with more than 50 trillion yen in assets.
BUSINESS
Feb 27, 2002

Daiei bailout now put at 520 billion yen

The three main creditor banks of Daiei Inc. plan to increase their financial support for the troubled supermarket chain to 520 billion yen from the initially planned 420 billion yen, sources said Tuesday.
BUSINESS
Feb 25, 2002

Possible global meltdown 'frightening'

The final session of the London Business School economic forum considered the recovery of the global economy. In her opening statement, Noriko Hama, research director at Mitsubishi Research Institute Inc., said, "We might just as well be talking about no recovery of the global economy.
Japan Times
BUSINESS / INTERNATIONAL RATIONALE
Feb 21, 2002

Japanese companies begin to build their brands

In October 1999, Nissan Motor Co. chief Carlos Ghosn said he planned to boost Nissan's brand power as part of a turnaround plan for the then ailing automaker. Many Nissan workers were initially confused.
BUSINESS
Feb 20, 2002

Nissan, DoCoMo to jointly work on 'telematics' project

Nissan Motor Co. and NTT DoCoMo Inc. said Tuesday they will jointly study and develop a "telematics" service based on the cellular phone giant's third-generation mobile communications technologies.
BUSINESS
Feb 19, 2002

Mitsubishi Tokyo's Swiss unit to target wealthy investors

Three Mitsubishi Tokyo Financial Group Inc. companies said Monday they will jointly set up a securities firm in Switzerland to provide comprehensive wealth-management services.
BUSINESS
Feb 16, 2002

Asahi Bank to spark Nikkei reshuffle

Nihon Keizai Shimbun Inc. said Friday it will replace Asahi Bank with another issue on the Nikkei average of 225 selected stocks on Feb. 25, when the bank is taken off the Tokyo Stock Exchange.
BUSINESS
Feb 14, 2002

DoCoMo announces 10-year bond issue to raise 70 billion yen

NTT DoCoMo Inc., Japan's dominant mobile phone service provider, said Wednesday it will raise 70 billion yen with 1.64 percent coupon, 10-year domestic bonds.
BUSINESS
Feb 14, 2002

Moody's eyeballs Japan for two-notch downgrade

Moody's Investors Service Inc. said Wednesday it will review for possible downgrade the Aa3 rating of yen-denominated domestic securities issued or guaranteed by the Japanese government.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan